Filing Details
- Accession Number:
- 0001127602-22-003383
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-02-04 16:24:08
- Reporting Period:
- 2022-02-02
- Accepted Time:
- 2022-02-04 16:24:08
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
24741 | Corning Inc | GLW | Drawing & Insulating Of Nonferrous Wire (3357) | 160393470 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1825618 | Z John Zhang | One Riverfront Plaza Corning NY 14831 | Senior Vp & Gm, Display | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2022-02-04 | 13,320 | $27.03 | 17,975 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-02-04 | 13,320 | $42.01 | 4,655 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Share Unit | Acquisiton | 2022-02-02 | 13,599 | $0.00 | 13,599 | $0.00 |
Common Stock | Performance Share Unit | Acquisiton | 2022-02-02 | 7,518 | $0.00 | 7,518 | $0.00 |
Common Stock | Stock Options (Right to Buy) | Disposition | 2022-02-04 | 13,320 | $0.00 | 13,320 | $27.03 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
27,664 | No | 4 | A | Direct | ||
7,518 | No | 4 | A | Direct | ||
0 | 2021-04-02 | 2028-04-02 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.01 to $42.02, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
- Each Performance Share Unit represents a contingent right to receive one share of GLW common stock.
- Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement.
- Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2021 agreement. Earned units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement.